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Tag Archives : unemployment

Who Needs Krugman, Summers, and the San Francisco Fed When You Have a Ramirez Cartoon?

Who Needs Krugman, Summers, and the San Francisco Fed When You Have a Ramirez Cartoon?

Posted on December 19, 2010

I don’t now why I bothered spending all that time perusing the writings of Paul Krugman and Larry Summers in order to produce my previous blog post when this Michael Ramirez cartoon makes the same point in a much simpler way.

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Why Do Democrats (and Republicans) Want More Unemployment?

Why Do Democrats (and Republicans) Want More Unemployment?

Posted on December 19, 2010

The two main political parties are sniping at each other about the just-concluded tax deal, largely because Republicans are happy and Democrats are displeased that all of the 2001/2003 tax cuts are being extended for all taxpayers. Almost nobody is paying attention to the new spending that is in the agreement, however, most notably the […]

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How’s that Stimulus Working, Mr. President?

How’s that Stimulus Working, Mr. President?

Posted on December 3, 2010

The Bureau of Labor Statistics announced this morning that the unemployment rate jumped to 9.8 percent last month. As you can see from the chart, the White House claimed that if we enacted the so-called stimulus, the unemployment rate today would be about 7 percent. It’s never wise to over-interpret the meaning on a single […]

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Obama’s Job-Killing Policies: A Picture Says a Thousand Words

Obama’s Job-Killing Policies: A Picture Says a Thousand Words

Posted on October 8, 2010

The new unemployment data has been released and it’s not a pretty picture. Literally and figuratively. This image is all we need to know about the success of President Obama’s big-government policies. The lower line is from a White House report in early 2009 and it shows the level of unemployment the Administration said we […]

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U.N. Bureaucracy Provides Right Diagnosis, but Offers Wrong Prescription

U.N. Bureaucracy Provides Right Diagnosis, but Offers Wrong Prescription

Posted on October 1, 2010

The bureaucrats at the International Labor Organization (which shouldn’t even exist) are correct to note that high levels of unemployment threaten social unrest. But like most left-wing international bureaucracies, they think the solution is more government – including so-called stimulus and government intervention in labor markets. The extended loss of employment and growing perceptions of […]

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Wages Should Be Determined by Markets, not Quota-Driven Bureaucrats

Wages Should Be Determined by Markets, not Quota-Driven Bureaucrats

Posted on September 24, 2010

Christina Hoff Sommers of the American Enterprise Institute decimates the bean-counting feminist “paycheck fairness” legislation being considered by the Senate. Republicans presumably know this is a bad idea, but one can only wonder whether they will do the right thing and block this initiative that at best will be a boon for trial lawyers and […]

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Strangling Entrepreneurship and Job Creation with $1.75 Trillion of Regulation and Red Tape

Strangling Entrepreneurship and Job Creation with $1.75 Trillion of Regulation and Red Tape

Posted on September 22, 2010

A new study from the Small Business Administration’s Office of Advocacy concludes that annual regulatory costs jumped by nearly $600 billion between 2005 and 2008. Thanks to the Obama Administration’s big-government agenda, the burden of red tape today doubtlessly is much higher, but the 2008 estimate is enough to generate some very sobering numbers. A $1.75 […]

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Creating Jobs: The Real World vs. Obamanomics

Creating Jobs: The Real World vs. Obamanomics

Posted on August 12, 2010

Michael Fleischer is a brave man. He exposed himself and his company to retribution and attack by explaining how Obama’s policies are discouraging job creation in a column for the Wall Street Journal. Let’s hope he doesn’t mysteriously get audited, because he provides valuable real-world insight into how taxes and other forms of government intervention […]

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When Keynesians Attack, Part II

When Keynesians Attack, Part II

Posted on August 11, 2010

I’m still dealing with the statist echo chamber, having been hit with two additional attacks for the supposed sin of endorsing Reaganomics over Obamanomics (my responses to the other attacks can be found here and here). Some guy at the Atlantic Monthly named Steve Benen issued an critique focusing on the timing of the recession […]

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When Keynesians Attack

When Keynesians Attack

Posted on August 5, 2010

If I was organized enough to send Christmas cards, I would take Richard Rahn off my list. I do one blog post to call attention to his Washington Times column and it seems like everybody in the world wants to jump down my throat. I already dismissed Paul Krugman’s rant and responded to Ezra Klein’s […]

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